FTSE trades south lead by miners, commodities cheapen on China

FTSE trades south lead by miners, commodities cheapen on China by Ipek Ozkardeskaya Even Shanghai’s stocks didn’t buy the imminently looser-PBoC story as the consumer price inflation decelerated to 1.3% year-over-year in October from 1.6% a month ago. The producer prices contracted at the stable pace of 5.9%. The factory-gate deflation has been deepening for more than two and a half years now. The economic picture has, for the time, being worsened despite growth supportive monetary and fiscal

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